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Get retirement-ready.A presentation by Shyam Sekhar, Chief Ideator, ithought
Retirement is not the end of everything.It is just the end of one long association.
Retirement is often the beginning of a new life.Retirees find less time after they hang theirboots.
Retirement is more about loss of power.Ensure you dont let it hurt you.
A retired husband is often awifes full time job.
“Retirement kills more people than hard work ever did.”- Malcolm Forbes
You dont know what all you can do till youfind the time to try.
Your choices should be what you can affordand what will definitely not hurt you.
Reinvent yourself. It is important to tell theworld that you have a lot left to do.
If you prepare well, retirement will definitelybe the beginning of good times.
Preparing for your retirement
Know your expenses –Budget Life after retirement•Maintain your current standard of living.•Account for your regular expens...
Know your income – Know how you will earnand how much•Decide until what age you want to work.•Set an annual income target ...
Know your sources – Where is your money invested?• Savings in bank• Equity/ Mutual Fund investments• Gold• Real estate• In...
Plan your contingency – Know where to find money inan emergency• In an emergency, not all assets can be easilyliquidated.•...
Know what you want to do – Find vocations that suityou. Prepare.• Take up a full time job.• Work part-time.• Do specific c...
Being healthy – Know what you need to do• Maintain medical records.• Be aware of your medical history.• Keep track of how ...
Wealth matrixRegular Income Options Risk ProfileMonthly income Pension, Senior CitizenScheme, Post office MIS, MIP,RentLow...
Get retirement ready
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Get retirement ready

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Get retirement ready

  1. 1. Get retirement-ready.A presentation by Shyam Sekhar, Chief Ideator, ithought
  2. 2. Retirement is not the end of everything.It is just the end of one long association.
  3. 3. Retirement is often the beginning of a new life.Retirees find less time after they hang theirboots.
  4. 4. Retirement is more about loss of power.Ensure you dont let it hurt you.
  5. 5. A retired husband is often awifes full time job.
  6. 6. “Retirement kills more people than hard work ever did.”- Malcolm Forbes
  7. 7. You dont know what all you can do till youfind the time to try.
  8. 8. Your choices should be what you can affordand what will definitely not hurt you.
  9. 9. Reinvent yourself. It is important to tell theworld that you have a lot left to do.
  10. 10. If you prepare well, retirement will definitelybe the beginning of good times.
  11. 11. Preparing for your retirement
  12. 12. Know your expenses –Budget Life after retirement•Maintain your current standard of living.•Account for your regular expenses – groceries,household maintenance expenses etc.•Plan your medical expenses.
  13. 13. Know your income – Know how you will earnand how much•Decide until what age you want to work.•Set an annual income target for your retired years.•Know the current market value of all your savingsand investments.•Determine a realistic real rate of return(net ofinflation) on your investments.•Create annuity income.
  14. 14. Know your sources – Where is your money invested?• Savings in bank• Equity/ Mutual Fund investments• Gold• Real estate• Insurance
  15. 15. Plan your contingency – Know where to find money inan emergency• In an emergency, not all assets can be easilyliquidated.• It is important to have enough liquid assets.• Liquid assets give you ready access to money.• You need to know how much of your assetsshould be kept liquid.• Carefully assess how much you will need in acontingency or emergency.
  16. 16. Know what you want to do – Find vocations that suityou. Prepare.• Take up a full time job.• Work part-time.• Do specific consulting work.• Work for society and keep busy.• Build knowledge in new domains.• Travel.• Lead a more socially engaging life.
  17. 17. Being healthy – Know what you need to do• Maintain medical records.• Be aware of your medical history.• Keep track of how often you need check ups.• Maintain a medicine chart for your variousmedicines.• Follow a lifestyle that keeps you fit.
  18. 18. Wealth matrixRegular Income Options Risk ProfileMonthly income Pension, Senior CitizenScheme, Post office MIS, MIP,RentLow riskQuarterly income FD interest, Dividend fromdebt fundsLow riskHalf yearly incomeAnnual income Dividends from equity,Insurance, FMP dividendLow riskCapital Gains Options Risk ProfileShort-term Equity, commodity trading Moderate to high riskLong-term Real estate, gold, equity,insurance maturity

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